There’s a FAQ about the acquisition on Jaiku’s website – they say that it shouldn’t change much for users at the moment, but it will be exciting to see what Jaiku does now that they have Google’s support. Of course, this way Google can also extend its advertising into the mobile sphere – which might not be such a bad thing, especially for mobile-centric companies in search of ad revenue. Also, considering that reports of a “gphone” have been popping up on tech blogs, Jaiku could end up being an important component of that.

Got a mobile web project of your own? If it’s related to local news and based around a particular community, check out the Knight News Challenge – you could win funding for your ideas.

Popular social news website Newsvine became part of the MSNBC family this past Friday, solidifying the place of community-driven news on the web. As stated by the founders of purpose of Newsvine was “to build a perfectly different, perfectly efficient way to read, write, and interact with the news.”

According to MSNBC’s coverage of the deal, Newsvine was a perfect fit for their needs.

“Newsvine is local, small, nimble — they don’t come with a lot of things you don’t want,” he said, such as complicated partnerships and contracts. “There isn’t a lot to rearrange.”

Sreenath Sreenivasan, a specialist in new media at the Columbia University journalism school, said the deal was a good fit for both companies.

“As the news environment is changing so quickly, it’s important for more traditional media companies to take advantage of some of these newer technologies,” Sreenivasan said.

Although Newsvine is not as popular as other social news sites (like Digg, Reddit, and such), it has a dedicated community of users and they’ve created plenty of buzz by offering a unique combination of mainstream reporting, user-generated content, and social ranking. Here’s the quote:

“But the site has generated significant buzz since its launch in March 2006 because of its inventive merger of mainstream reporting from The Associated Press and ESPN; the contributions of individual users, who are paid for their writing; and the social media model of user-driven ranking of the news.”

What does this all mean for citizen journalism? Now it will have a home on one of the largest news sources on the web; however, they’re promising that the acquisition won’t destroy Newsvine’s independent spirit.

“Newsvine will now report to one of the largest such companies, but while Davidson said it may “expand a little bit” with msnbc.com’s support, growing from six employees to perhaps 10 or 15, he and Tillinghast both stressed that Newsvine would continue to run as an independent site.”